The Irish-owned nursing home business Barchester Healthcare has repaid around stg£1.4 billion of debt, as predicted in last Sunday's *The Sunday Business Post*.
The company, backed by the horseracing magnates JP McManus and John Magnier, has been in negotiations with its lenders for close to a year, with close to £1 billion in borrowings due to mature in October.
Reuters reported today that the company had repaid the debt after selling and leasing back...
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